Recession is over, US economy, boosted by tax rate cuts, is strong, and the question is what to expect in the next few years. Market Research Media projects cumulative global IT Spending to reach $15.8 Trillion in 2019-2022 growing at CAGR 5.2%. Advances in artificial intelligence and quantum computing will boost productivity to new highs, fueling growth in IT spending.
According to Gartner global IT spending is projected to total $3.7 trillion in 2018, an increase of 4.5 percent from 2017. Analysts of Market Research Media offer more optimistic outlook for global IT spending in 2019-2022, based on the same market segments as Gartner’s.
|Data Center Systems||185||187||192||195||759||1.77%|
|Total IT Spending||3,655||3,905||4,000||4,255||15,815||5.20%|